Option Pricing: Black-Scholes Made Easy (Wiley Trading) [Paperback]

Jerry Marlow (Author)

Book Description

ISBN-10: 0471436410 | ISBN-13: 978-0471436416 | Publication Date: October 29, 2001 | Edition: Pap

A intuitive and powerful approach to mastering one of the most important options trading tools
In 1997, the Nobel Prize in Economics was awarded for the work that led to Black-Scholes Options-Pricing Theory. Black-Scholes has become the dominant way of understanding the relationships among options prices, stock forecasts, and expected stock-market volatility. Option Pricing: Black-Scholes Made Easy, a book and interactive, animated tutorial, makes this sophisticated way of thinking accessible to everyday traders. Animations and simulations present the material in a simple, visual and interactive manner. They allow readers to understand easily and intuitively the concepts and outcomes of Black-Scholes and probability distributions. Black-Scholes Options-Pricing Theory revealed that investing in options is a probability game. Option Pricing: Black-Scholes Made Easy shows you your odds.
Jerry Marlow (New York, NY) is a freelance financial writer and marketing consultant. For investment firms, he creates marketing and educational presentation that bridge the gap between how sophisticated financial mangers think about investing and how the firms' clients think about investing.

Editorial Reviews

Review

"I have tried Jerry Marlow's B-S Made Easy and plan to make it a requirement for my investments classes. Its animations provide intuitively clear visual explanations of the fundamental nature of stock market risk. It is an ideal complement to textbooks such as my own (Bodie, Kane, and Marcus, Investments). I have been using my own Excel simulations to illustrate this material in the past, but Marlow's animations blow mine away. Simply wonderful stuff!!" (Zvi Bodie, Professor of Finance Boston University School of Management)

From the Publisher

"I have tried Jerry Marlow's B-S Made Easy and plan to make it a requirement for my investments classes. Its animations provide intuitively clear visual explanations of the fundamental nature of stock market risk. It is an ideal complement to textbooks such as my own (Bodie, Kane, and Marcus, Investments). I have been using my own Excel simulations to illustrate this material in the past, but Marlow's animations blow mine away. Simply wonderful stuff!!" (Zvi Bodie, Professor of Finance Boston University School of Management)

See all Editorial Reviews

Product Details

• Paperback: 352 pages
• Publisher: Wiley; Pap edition (October 29, 2001)
• Language: English
• ISBN-10: 0471436410
• ISBN-13: 978-0471436416
• Product Dimensions: 10.9 x 8.5 x 0.9 inches
• Shipping Weight: 1.8 pounds (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (8 customer reviews)
• Amazon Best Sellers Rank: #731,757 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

16 of 16 people found the following review helpful:

5.0 out of 5 stars Can't praise this interactive book highly enough, May 9, 2002

By 

I.P. Knightley (In my Taxi) - See all my reviews

This review is from: Option Pricing: Black-Scholes Made Easy (Wiley Trading) (Paperback)

Any student or trainee having to study this topic really should buy this tutorial.

Having a degree in Mathematics and a professional accountancy qualification did not prepare me for the explanations of Black Scholes to be found in most text books.

They may have got a Nobel prize for their option pricing model but Black and Scholes were never going to get an award for clarity of explanation.

Having grappled with this area for a few months, I decided I needed a little more innovative help; hence my purchase of Jerry Marlow's interactive tutorial.

Two days later and I feel I could go for the next Nobel prize myself!

So many things click into place so quickly, it's marvellous.

Jerry gives his email address which I had to resort to for one query. He answered most helpfully within a couple of hours.

I suspect that it helps to have had an overview appreciation of the area before starting the tutorial but this shouldn't deter first timers from starting with this.

9 of 9 people found the following review helpful:

4.0 out of 5 stars Informative book read..., August 14, 2002

By 

Vijay Maniar (Mumbai,India) - See all my reviews

This review is from: Option Pricing: Black-Scholes Made Easy (Wiley Trading) (Paperback)

I was skeptical to buy it since there were more than 100 different books available on options... but I am glad I choose this book. Its easy and the software developed beats anything I have seen yet... All the free softwares available are excel based but do not offer such insight on the subject as this book.
I would strongly recommend it to anyone. Only hitch is that the software is bit slow to run but it performs...

8 of 8 people found the following review helpful:

5.0 out of 5 stars UNDERSTAND OPTION-PRICING TODAY!, November 21, 2001

By 

Michael Buchanan "Creative reader" (Alpharetta, GA United States) - See all my reviews
(REAL NAME)   

This review is from: Option Pricing: Black-Scholes Made Easy (Wiley Trading) (Paperback)

From the beginning pages, the explanations are flowing and account for all levels of competency in options, the stock market and the computer skills needed to follow the animations. When you finish the very readable book, you will no longer need to depend on others for advice; you become your own advisor. The animations are excellent while the mathematical concepts are carefully explained. I now have confidence in my knowledge and my decisions. Hats off to Mr. Marlow!